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Etched fields funding offers at $40B+ valuation, sources say

Publisher description: Just a couple of months after its last big raise, the AI chip startup is already being plied with investment offers at double or more its current value, sources tell TechCrunch.

TechCrunch | Oct 5, 2026 | Marina Temkin

Automated excerpt

Etched is reviewing incoming bids that range from $40 billion from top-tier investors to $50 billion from lesser-known backers, one person said. The startup announced a $300 million round at a $10. 3 billion led by Sequoia in July. It announced the $700 million round at a $21 billion valuation in September.

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